E & P News
Chevron Looking to Sell Eagle Ford For Billions: Map Inside
Chevron is reportedly looking to sell its Eagle Ford assets acquired when it took over Noble Energy. See map below Analyst projects the company could fetch between $1…
New E&P Files to Go Public; Looking to Raise Millions
Liberty Resources Acquisition, a blank check E&P company, filed on Friday with the SEC to raise up to $100 million. The company is led by CEO and Chairman…
Razor Energy Corp. Second Quarter 2021 Results
Razor Energy Corp. reported its Q2 2021 results. Highlights: Acquisition On August 12, 2021, the Company completed an agreement to acquire certain non-operated working interest assets in its…
Eni Touts 'Major Discovery' Offshore Ivory Coast
Eni announced a major oil discovery in block CI-101 offshore Ivory Coast. The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels…
Leucrotta Exploration Second Quarter 2021 Results
Leucrotta Exploration Inc. reported its Q2 2021 results. All dollar figures are Canadian dollars unless otherwise noted. Highlights: Increased adjusted funds flow (1) by 209% to $0.9 million…
MEG Energy Taps New COO, CTO
MEG Energy Corp. reported the appointment of Darlene Gates as the Company’s Chief Operating Officer and Chi-Tak Yee in the new position of Chief Technology Officer commencing September…
PetroShale Second Quarter 2021 Results
PetroShale Inc. reported its Q2 2021 results. Highlights: Production averaged 9,341 and 9,722 barrels of oil equivalent per day ("Boe/d") in the second quarter of 2021 and the…
Vermilion Energy Second Quarter 2021 Results
Vermilion Energy Inc. reported its Q2 2021 results. Highlights: Fund flows from operations ("FFO")(1) was $173 million in Q2 2021, an increase of 7% from the prior quarter.…
Amplify Energy Second Quarter 2021 Results
Amplify Energy Corp. reported its operating and financial results for the second quarter of 2021 and updated its full-year 2021 guidance. Key Highlights: During the second quarter of…
Cuda Oil & Gas Second Quarter 2021 Results
Cuda Oil and Gas Inc. reported its Q2 2021 results. Second Quarter Highlights: Second quarter oil production from Wyoming increased 8% to 374 bbls/d, from 347 bbls/d in…
Clearview Resources Second Quarter 2021 Results
Clearview Resources Ltd. reported its Q2 2021 results. Tony Angelidis, President and CEO of Clearview, said: “The sustained strength in commodity prices combined with production growth resulted in…
Comstock Resources Second Quarter 2021 Results
Comstock Resources Inc. reported its Q2 2021 results. Highlights: Adjusted net income to common stockholders was $55 million for the quarter or $0.22 per diluted share. Production averaged…
Southwestern Closes Acquisition of Indigo Natural Resources; Ups Capex
Southwestern Energy Co. has closed the $2.7B acquisition of Indigo Natural Resources. The acquisition adds 149,000 net acres and 1,000 drilling locations in the Haynesville to Southwestern's portfolio.…
CNOOC Turns on Taps at Luda 6-2 Project in the Bohai Sea
CNOOC Limited announced that Luda 6-2 oilfield has commenced production ahead of schedule. Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with average water depth…
Northern Oil Second Quarter 2021 Results
Northern Oil reported its Q2 2021 results. Highlights: Second quarter total production of 54,623 Boe per day, up 42% sequentially from the first quarter of 2021 Oil production…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |